🔺 r/personalfinanceuSun_Bearzerker·24 days ago
Need advice on making decisions with some debts and auto loan.
Hello all. I'm 29M in Texas. I recently went through a not great separation from a relationship that incurred a lot of debt after having a rough time recovering from issues back in covid times (I was on a repayment plan for much of my cc debt). My current debts are as follows: \~ 30k unsecured credit card, all in collections. \~ 16k auto loan, currently 3 months behind. Calling lienholder on Monday. \~ 60k student loans in good standing. I just spent several months with family that allowed me to get enough money saved up to get my own place while I searched for a new job in a new state. It was a very tenuous offer and the few months were already overstaying my welcome, or else I'd have stayed longer and saved more money. I recently, as in just got my first full paycheck, started a new job making around $1700 biweekly. I also donate plasma twice a week giving around $400-$500 monthly. My expenses are as follows: Rent - $1050 Electric - $150 Internet and phone - $120 Car payment - $450 Car insurance - $250 Bankruptcy attorney - $200-$500 a month. I am declaring Ch 7 bankruptcy and charging off the credit cards. So that should take care of that. I need to figure the auto loan out. I'm…